$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market

By adjusting this aspect of the mortgage market, $3 trillion could be poured into the US economy without any federal investment. ‘Oracle of Wall Street’ declares

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Meredith Whitney, the one-time “Oracle of Wall Street” who forecast the Great Financial Crisis, believes the US housing market has the potential for extraordinary economic stimulation that does not require any federal investment. While she has lately warned of the threats that the “crisis of the American male” poses to the economy and the housing … Read more

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